AUSTRALIA: Woolworths in line with Q1 sales forecasts

Australian supermarket giant Woolworths has reported a first-quarter sales increase of 14.3% compared to a year earlier. The company's total sales were A$6.7bn (US$3.7bn) in the 14-week period to 6 October, up from $5.8bn in the same period last year. The growth was in line with expectations.

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